2013-01-21
2013-01-29
x china

STATION
CNBC 27
CSPAN 16
CNNW 11
CSPAN2 11
FBC 9
KQED (PBS) 7
KRCB (PBS) 7
MSNBCW 6
KCSM (PBS) 5
WETA 5
CNN 4
COMW 4
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English 160

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to hire the energy commission. california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having said all

while reasserting american global energy leadership. even balancing the budget will be easier with this initiative. congress and the administration should begin conversation about a broad-based carbon tax. this would give the right signals on energy sources and use. it could raise money to reduce the deficit, restore our infrastructure, speed and finance conservation. there are a number of other commonsense steps that would make progress on carbon pollution and energy conservation goals more significant. the epa should stop dragging its feet permitting old coal plants to continue to spew forth toxic waste, harming the environment and the health of our citizens. it is past time the clean air act reinforced. make sure there are proper safeguards for the cracking technology. make sure this reservoir of inexpensive gas does not undercut the addition of renewables to our energy portfolio. solar, wind, geothermal. dership on these technologies for a balanced energy portfolio and ultimately to reduce our carbon footprint. at each step, we should be looking to enhance energy conservat

with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigail doolittle, the investors killed it after hours. >> i think what's going on is an important inflexion point. we had another earnings miss, another guide down. this once superstar amongst the text stock has been falling for a few months. i think traders answered vestors were waiting for this report to see what the future with look like. unfortunately it's not as bright as some might have hoped for and that's now showing up in the stock. >> is there an offset here? google did very well today and revenue was very good. apple versus google consideration apple stop this rally? i don't think so but i want to get your take on this. what does it mean apple is doing badly? is it an apple thing, an economy thing or consumer thing or what? >> i think that's a great question. i think right now i tend to agree with you. i think investors wi

energy has been to develop a software strategy. a strategy that galvanizes regional publics, galvanizes these publics most intensely of grievances, including grievances against the united states and israel and most importantly against their own unrepresentative pro-western government in regime. amendment the islamic republic has done is aligned itself with public opinion at south in the middle east to constrain hostile governments from attacking a. just think about how barbering largely shia population would react to the fleetest our fifth fleet based in bahrain to attack the islamic republic today. u.s. military planners could hope that the iran's population would be passive as they think they assumed maybe even five years ago. but today it clearly seems reckless. for other ridiculing many american policy elites do with the islamic republic, the appeal to regional public actually works. it works to constrain the united states and hostile, unrepresentative pro-western neighboring iran. iran is also the two reinforce these aspects of a software strategy of a number of years at picking wh

not realize this huge trade deficit we have. half of it historical has been energy products, mostly oil. if you get to the point where you are a self-sufficient producer -- i am glad you said north american energy independent. i always disliked the idea of this national energy independence. if you become energy self- sufficient, you eliminate half the trade deficit. this really changes the balance of payments and the overall shape and direction of the economy. could you speak to that? >> i for started talking about it two years ago. -- i first started talking about it two years ago. i started talking about what was possible with oil. i was a lone wolf in the woods at the time. since then, the bandwagon has loaded up. a lot of other people are saying, yes, it could happen, and it to be very important for america. particularly as it translates from energy to the general economy. there are more pillars' out there, housing, manufacturing -- they depend on recovery. the one that does not is energy, because the international demand is already there. it has been created by china, india. all ar

for. exports plungeded in 2020 leadi impos rose a japan brought int. more and more energy resources to fill a gap at home. finance ministry officials issued a preliminary report. they say the trade deficit came to about 6.29 trillion yen, more than $78 trillion. exports fell 2.7% in yen terms. the strong yen hurt exporters. they saw demand from europe drop off. exports from china dropped too. consumers there steered clear of japanese goods. imports rose 3.8% to $798 billion. the rise mainly due to higher demand for liquefied natural gas. investors are trading on the latest data. what is you been seeing this morning? >> right after that announcement investors sold the yen but the yen against the dollar has recovered to the mid 88 yen level now. the dollar yen currently trading at 88.55. analysts say that's been yen selling pressure is not as strong as it's been before the bank of japan policy earlier in the week. let's see how this is affecting stockers. investors are trying to cake ta cues from the yen move. some investors are taking profits while others are buying as the nikkei has

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, the president says we should not seek alternative energy technology advances to other nations. we will show you why that is exactly what this administration is doing. and apples are rendering its title as the most valuable publicly traded company. surrender in hundreds of billions of dollars in market cap. that's next. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain,

you. up next, the president says we should not seek alternative energy technology advances to other nations. we will show you why that is exactly what this administration is doing. and apples are rendering its title as the most valuable publicly traded company. surrender in hundreds of billions of dollars in market cap. that's next. ♪ ♪ making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. ♪ lou: as i was saying, the president vowing to stay ahead of the world and alternative energy development despite billions of dollars in wasted taxpayer money. strategic materials advisory council co-chairman joins us to talk about that and a great deal more. but the first ballistic a quick look at wall street where the s&p has closed above 1500, are you ready, for the first time in more than five years because of strong earnings from procter and gamble, starbucks, and other companies. today's eight-point gain for the s&p also helping the index extend its longest winning streak in more than six years. the dow jones industrials gaining 46 points. n

and more powerful storms. the path toward sustainable energy sources will belong and sometimes difficult. but america cannot resist this transition. we must leave it. we cannot cede this, must climates prague -- its promise. that is how we will maintain our economic vitality and our national parks, forests, waterways, snowcapped peaks. that is how we will preserve our planet, commanded to our care. that is what will lend meaning to the creek our fathers once declared. >> there was a lot of time spent on climate change. was that a surprise? guest: i think people expected climate change to get a shout out along with immigration, gun control the environment of trinity was really been very surprised challenge mentioning god. it got a huge and a huge chunk of time, almost more than any other policy issues. that was a real surprise. host: it was an issue we did not hear a lot about on the campaign .rail paria guest: that was by design. his advisers have made it clear that they did not see that as winning -- as a winning campaign issue. although it is something the president did care about, it

for america, we have passed good energy legislation, good budgeting legislation. we set priorities for the nation, but yet they failed to go anywhere in the senate. and with that, i yield to mr. huelskamp. >> thank you, congressman duncan. i agree with all your comments and we might come to a little different vote tomorrow on where we head and then frankly, we have to have a budget. but raising the debt ceiling for a budget to be named later is to me something i won't be able to vote for, but we are trying to understand that we have a sequester. but the resequencing issue is interesting and only in washington could that be a word, where we are trying to resequence what is going on here. one thing i remain concerned about, after two years up here, washington is broke and dysfunctional. it is dysfunctional when the president is going to be late in his budget. $50 billion in spending. most of which won't be spent until 2015 and i'll just say when i visit with constituents at home, this is the worst they have come to expect from washington, when the dust settles at the end of the day,

of energy, does a possibility of a two-pillar solution using both saudi arabia and iran for security in the middle east exist, and that's possible -- if that's possible, does a potential expansion of u.s. domestic energy production open a door to a numbering solution? -- to a energy solution? thank you. >> i think the notion of a proxy war, i think i understand what you're saying. i think i'd use a different vocabulary from that. and this gets into the issue of the relationship with saudi arabia. what's going on right now in the middle east is that saudi arabia, as it has done at any number of points in its, in its modern history, is basically using the promotion of a particular sort of salafi islam. we tend to call it knew has been by islam in the u.s. although saudis don't really like that term. but this very particular notion of salafi islam, the kind of salafi islam we see embodied in, say, the taliban, saudi arabia actively promotes this kind of islam as a tool of its foreign policy. and, you know, under current circumstances in the region saudi efforts to do that are escalating

to live but something for themselves become bind our energy that people have about doing good work in the world, but doing it personally because you have to have the right to your own life. second, we had the highest respect for the rational decision making, making the logical decisions based on the fact, not invading the fact, been very thoughtful, very thoughtful process, but most importantly i think we can get a clear sense of purpose and use your capacity to accomplish the purchase you get to do something important. you get to raise your self-esteem. .. i want to share one thought with you. for everybody in the sermon the vast majority of people on this planet, the single biggest driver of self-esteem is your work because you spend a disproportionate amount of time and energy at work. that's what makes work important. that's why this issue about unemployment underemployment is way more than economics. it is actually a very spiritual issue because work is spiritually important. i've said many times, it's really important that you do your job well. as far, more important. you'll

with energy independence. chevron for that one. and then for entertainment. you're going to want more entertainment and i think disney is a great way to do that. boeing and caterpillar, but i didn't. i think jpmorgan, chevron, and disney are my picks in the dow. >> i want to get back to why you didn't chose those in a second. but peter, let's talk about your picks and where the stocks will be in terms of riding this market in the next five to six years. how do you see the broad landscape of the markets and the sectors? >> you know, broad landscape, i think appreciation of 5% to 7% per year plus a 2% yield over the period of time would be very acceptable to me. obviously it's not going to be a straight line. three picks, i would go with companies like proctor and gamble, johnson & johnson and chevron as well. counting on a growing emerging middle class worldwide. personal care products. people are going to be brushing their teeth. they're going to be taking their medicines and more of them will be driving cars over the next six years. i would shy away from the banks. jpmorgan and bank

of the denying quorum and in the case of speaking as long as you cou could, you had to spend time and energy, you had to organize and it was visible before this body. it was visible before the reporters gathered in the balcony. therefore, the american people, long before there was a television camera here, could see what you were doing and the public could provide feedback on that. but now we come to the modern era. from 1970 forward. in which it became popular to start using the objection as an instrument of party warfare, the objection to a final vote. you know, if we turn back before 1970, you had an overlap of the parties of perhaps 30 members. and so if one had used his objection, they'd have a good sense that you would be able to get cloture. furthermore, there was a social contract that you only interrupted the workings of this body on an issue of deep principle. you only blockaded the operations of the senate on an issue of profound concern to your state. not as a routine instrument of party politics. but that's changed over the last 45 years, since 1970 forward, the last 43 years, in whi

and still has tireless energy and still have the vision. only now she needs to see it in a slightly larger font. i am -- [laughter] i was going to take that out, but my staff said to keep it in. i am so honored to be a part of alice fong yu's past and present. and look forward to the future. many thanks to the students, parent and staff to make alice fong yu such an awesome place. i speak for all of us, truly no place we would rather be. congratulations to the afy school community and to liana szeto, our fearless leader forever. thank you. [applause] >> hello, good evening, i am jay taylor. i am the student advisor for alice fong yu, i have been there for -- years. it has been a while. i would like to start by saying, quote, whether our action is wholeless or unwholeless, depends on whether the action or deed arises from a disciplined or undisciplined mind. and it's felt that a disciplined mind leads to happiness and an undisciplined mind leads to negative. and i thought about that quote, i think about all the things that this stands for and what these awards and accolades stand for. it's

hacked, imports jumped. particularly for energy resources such as crude oil and liquefied natural gas or llg. they accounted for one-third of all imports. lng imports charged more than 25% from 2011 levels. that's because the gas was needed to fuel power plants. most nuclear plants in japan are offline for inspection following the mar 11 crisis at the fukushima daiichi. lng prices also stayed high throughout the year, due to stronger demand from emerging countries. another reason for the boost in imports has been a certain reversal in currency markets. the yen began weakening at the end of last year. the yen has continued to weaken and the new prime minister shinzo abe's bold economic policy. this corporation is one of japan's major trading companies. it imports lng from asia and the middle east. they expect imports of lng to be at least as high as last year, but the cost will be much higher as the value of the yen continues to drop. >> translator: we are really getting a triple punch in the shortage of lng supplies, the high price of the gas and the depreciation of the yen. as an ene

of the working class. today, if you want to control the energy in the united states, you want cap and trade, you want to shut down the coal industry, suppress the new fracking technique, which has produced a bonanza and gas and oil, then you do it in the name of the planet, global warming. so it allows a politicallass of experts, central government to control economic labors in a way that was done in the past in the name of the working class. >> but i hear from people who know about this stuff that tell us we're headed towards energy independence. >> unless the epa stops us. >> charles wants to replace the national anthem with the international. this is not as bad as all of that. >> that is aice ne. >> he does talk about climate change. >> he talks about the stuff thl us we're science of climate change. i am talking about the president. it is good that he is the inaugural address to signal, we have to do with this. is imrtant to begin on the subject. you could argue about how it is done, but it will be addressed. >> science seems to be overwhelmingly moving in the direction that the president i

and clean energy policies that the president can enact and congress can enact. the president can do a lot of things. the environmental protection can do a lot of things. the department of energy and agriculture can do a lot of things that don't need congress. congress itself, we don't know what is going to happen. we tried three years ago to pass the climate clean energy bill. that was defeated. anything that ambitious to pass is unlikely this time. >> michael: listen, he said the governor of nebraska dave heineman completed an evaluation of that same keystone pipeline. john boehner had this to say about it. he said nebraska's approval of the new keystone xl pipeline route means there is no bureaucratic excuse, hurdle or catch president obama can use to delay this project any further. he and he alone stands in the way of tens of thousands of new jobs and energy security. i mean, that's putting it right on the president. >> here is the reality about the keystone pipeline that comes from canada to the united states to deliver oil. that oil is going to somewhere no matter what. this is becom

are looking at this very seriously. >> you mentioned energy. people have talked about energy and shale and fracking before, but not like this year. you were there about a year in advance. your sense of how quickly this will happen? i will tell you, it's not built into the market at all. >> i think it's right not to be built into the market. one of the things that i wrote about in my book last year that i think it will kind of be overoptimistic about what the implications of the revolutions could be. could the united states be energy independent? that would be fantastic. but there are so many effects that people don't factor in. >> are you a believer, by the way, that oil could go down to $30 or $40 a barrel? >> no. no. >> somebody last night was making that observation. >> i do not believe that that is the case. in the past, i've woshgdz closely in oil and gas and i think those people are missing the structural implications. we're living in vary unique position. this is vary unique time in the history of the world in terms of population. the population pressure themselves i think will

change. >> the solution to climate change is energy policy. the opportunities of energy policy so vastly outweigh the down sides, i will be a passionate advocate about this but not based on ideology but based on facts based on science. i hope to sit with all of you and convince you this 6 trillion-dollar market is worth millions of american jobs. >> jennifer: from a political point of view this is a tough issue, the keystone pipeline, and especially with respect to environmental activists. obvious liquory is a big advocate for stopping climate change. what do you think he'll do about keystone? >> i remember he--climate change the copenhagen conference in 2009 senator kerry preceded hillary clinton there, and she proceeded barack obama as one of the areas where he has done significant work on behalf of the administration in this first four years and we'll continue on those interests going forward. it's an interesting thing jennifer in global diplomacy economics is becoming a far more meaningful element of global diplomacy. there is now an assistant secretary of state that focuses on energ

sustainable energy sources will be long and sometimes difficult. america cannot resist this transition. we must lead it. we cannot cede to other nations the power of jobs and technologies. we must claim its promise. >> strong, clear words from a president considered not green enough by environment lists in his first term. it's true, the president has a lot of work to do but instead of chastising him, maybe it's time for the green movement itself to reimagine what it ought to look like. the modern green movement must be an inclusive one and close the green gab that exists between national and environmental organizations and justice organizations. the environmental problems in inner cities and rural areas ok pied by low income communities of color deserve as much attention as the fracking. at the end of the day, the environmental problem that is happen over there, whether in the mall deese or usa, it will affect us. joining us, the nation magazine. victoria an nbc latino con tr contribut contributor. mike, the executive director of the schoolkill center and peggy executive director of west h

obama is making a moral case on the issue of climate. do you see energy issues, climate issues, being tackled in this next congress? a realistic goal? guest: energy policy broadly absolutely has to be part of the discussion. climate change -- after the severe storms with sandy recently and other harbour tragedies, i think the science is definitely confirming the fact that climate change exists and that we have to do things more responsible about it. my focus is on renewable energy. we don't have oil companies in nevada, but what we do have is an abundance of wind, solar, and geothermal. and i believe that those are alternatives that should be part of our overall energy mix to make us less reliance on fossil fuels and more energy independent in the long term. host: philadelphia, pennsylvania. our next caller is richard, independent line. caller: how are you doing? how are you doing, congressman? the question -- a couple of thoughts. i am interested in what puc is the area that productivity will occur. as far as when you talk about job creation and you coming from nevada, looking at the

. the path towards sustainable energy sources will be long and sometimes difficult, but america cannot resist this transition. we must lead it. we cannot cede to other nations the technology that will power new jobs and industry. we must claim its promise. that's how we will maintain our economic vitality and our national presence of forests and waterways, snow-capped peaks, crop lands. and how we will preserve our planet, commanded to our care by god. that is what will lend meaning to the creed our fathers once declared. host: the wall street journal on climate change has this. in flushing, new york, an independent. how are you? caller: good morning. i liked his speech, because it was different from the last one, because it concentrated on how to make america a better country rather than being the military police for the world. he was tempted to talk about north africa and al qaeda and all these things, but he wants to make america stronger. cost is too much. america is not respected, even spending all this money. how to make america big and strong, how to teach our kids, how to respect peop

first energy. not being facetious it is becoming a utility. >> i believe you. >> do you win you over on that? >> absolutely. all you needed to say. >> i feel better now. no being facetious. >> in everybody's computers it is in the wrong computers. i keep waiting for skype to be mon tides. keep waiting xbox, very good product, but there's no needle move, we don't have -- you need -- you know, you need cloud. they have minor cloud. you need social. they have a minor social. someone has to buy twitter. >> speaking of clouds. >> what? >> i was going to make my keen sense for the obvious, apple is almost going to lose to exxon mobile as the largest market cap company, how far it has fallen. i think exxonmobil 415, like to keep track of the numbers. sorry, carl. >> rate of exxon? >> not so hot. >> 600 billion, man. you just can't -- once you breach that. >> large numbers. we took people to task what do you mean large numbers? they are still growing, et cetera, et cetera. here we are. >> just went through microsoft's multiple, now starting to talk about -- >> got to remember that. people st

is increasingly economic policy, and we have an undersecretary for economic affairs, economics, energy etc.. i think that the state department historical use to have a foreign commercial service back in 1979. it slipped away. i think the secretary had the time -- i think that is something we ought to be doing in a very significant way. obviously working with the treasury with agriculture -- atta boy -- ag does and the treasury department does, and i think there is much more that we can do to augment our engagement in the private sector and their desires and needs abroad. i will give you an example. when i was in hong kong and number of years ago i met with our commercial service people. we had three of them. three people in hong kong. and they said they were overwhelmed. they had no ability to be given to mary rfp from china cummins writ with other countries. france was there, germany, england, others were much more aggressive in their promotion of their companies. and that is the world we are living in today. so i think we have to be much more aggressive in that respect. it's not an expenditu

had a lot of empty time. i had a lot of energy. i had a lot of yearning, a lot of unresolved sense of, i very much wanted to express myself and define myself and sort of navigate, you know. i was young, i was 20 years old and you know when you're 20 you just sort of receive the equipment that you've been issued for an entire lifetime. the body, the mind, the skills, the talents, appetites. those things were relatively new to me. songs re coming out and connecting all the time. so i was writing a lot. >> rose: was that the most fertile period for you ever. >> yes, it was. and then after i got enough success to be, to call myself a professional musician who did this for a living, a different and once i got the huge amount of recognition -- >> rose: the first album in "time" magazine cover in 1971. >> then that changed and it became less of a personal sort of private endeavor and kind of a process. but i was really just busting at the seams to express myself. delighted in the language and the music and the changes and you know everything i listened to, everything i heard, meeting the b

. the truth of our guns in tonight's "chalk talk." america's energy future. the keystone xl pipeline lives. thanks to governor dave heineman of nebraska. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a

in this country in part because you do have a great source of energy, right? american energy is playing right into timken's hands. >> well, in the united states, we have a good energy supply, but more than that, the change in the energy markets is creating a great opportunity for us. the growth of a domestic natural gas market -- drilling market, domestic fraccing market is creating a great opportunity for timken products. and that's part of what's driving our profitability. >> now, after i saw you and spent some time in your plant and with your terrific people. i came to understand that timken, sorry for using this word, but it's a wholistic experience. doing a lot of terrific products and there's some guy who buys a lot of stock and says we ought to break up timken, tell me if you think i'm wrong, but i think that the parts are actually augmented by the whole, not worth more than the whole. >> yeah, there's no question about that. we leverage the synergies between all parts of our business to create value. in fact, just this quarter, we started delivering on a major contract with one of the

to become energy self-sufficient north america. but let's face it, one of the most bullish tenants of the turn in the united states is cheap energy in the form of big oil finds. and about the lowest natural gas prices in the world. i can say, sure, flaring's a nightmare, or i could say could you imagine the number of jobs this will create down the road? remember, every day around here we get companies making moves to bring out value. how many times have we urged hess to break itself up and focus on the incredible oil and gas properties? today they did just that. caused the stock to roar $3.50, 6% on the news. this stock is not done going up. no, not at all. we understand some of this move might be motivated by a hedge fund. they would want some board seats, i say who cares. i just like the newfound value which, again, is not done being brought out. we've got the same thing going on over at transocean, symbol r.i.g. where carl icahn, yes, the one who accused our own scott wapner of bullying, he's brought up a 5.6% stay, he's agitating for a $4 dividend. it's not done. finally there'

pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >>> it is time. it's time for the "lightning round" on cramer's "mad money." rapid-fire calls one after the other. you say the name of the stock i tell you whether to buy buy buy or sell sell. my staff prepares the graphics on the fly play until you hear this sound and then -- are you ready, skee-daddy? time for the "lightning round" on cramer's "mad money." mike in new york. mike. >> caller: hello, dr. jim cramer. synovus. can you tell me about it? >> yes. i thought the quarter wasn't that bad. they're returning the t.a.r.p. money. the street didn't like it. street long. i am a buyer of synovus. let's go to todd in florida. todd. >> caller: jim, i love accenture, acm -- >> you're right to love it. >> buy buy buy! >> people decided the quarter was better than expected even though it wasn't. that stock goes higher as does asap. ricky in california. rick. >> caller: ba-ba-ba-boo-yah, jimmy. >> nice stuttering boo-yah. >> caller: high s

at limited resources. climate change is a big issue you have been concerned on. the global energy needs are going to increase about 50%, that emissions are going to go up significantly primarily because of china and india and we could do significant harm to the u.s. economy i think by putting additional rules and regulations with very little impact on the global climate. in this tight budget environment with so many competing american priorities, i would ask you to give considerable thought into limiting significantly resources that would not help us as an economy, not help us as a country and not help us globally in perhaps the efforts you might be pursuing. i don't know if you have specific thoughts. >> i do. i have a lot of specific thoughts on it more than we have time now. and i'm not going to abuse that privilege. but i will say this to you, the solution to climate change is energy policy. and the opportunities of energy policy so vastly outweigh the downsides that you are expressing concern about, and i will spend a lot of time trying to persuade you and other colleagues of this.

: the drought situation, its impact on food prices and energy prices. our two guests will be here and our phone lines are divided regionally. let's go back to some of the numbers. production decreases and apples, asparagus, coffee, increases in peanuts, dry beans, barley, oats, wheat, and potatoes. guest: when you look at the crops that had significant decreases first, we had a mild winter, a late freeze behind that. that hurts the past zero crop, and asparagus, we have seen a continual decline in acreage. 9.7% decrease is acreage-base. poor pollination in washington state. grapefruit production is down 7.4%. we had high dropout rate-- high drought rates in florida. " weather affected strawberry production, primarily in california. host: chuck abbott, how does this compare to previous years? guest: on the major field crops, there was a major impact. wheat farmers were lucky in that their major variety is winter wheat. they were able to harvest the crop before the drought hit. because they were encouraged to grow more wheat, they escaped the brunt of the drought. corn production was down signifi

the energy demand and energy supply and infrastructure deficit is there. and you know, we see, you know, doubling of energy demand over the next decade. and that's going to continue fueling the name for -- >> you see that sort of energy demand then. how are you reacting in terms of what your investment strategy is going to be, your production strategy? >> we've been in asia for just over 40 years. and leighton is one of the few companies with a full economic footprint off of asia. we continue to export services where we can extract value. we're excited about the opportunities we see, especially in countries such as indonesia. >> just talk about australia. we heard inflation, a little weaker than expected today. mr. swann from rbc says there's potentially room to cut rates. do you think they need to? what's your view of the economy? >> i think the big issue for us that we're seeing affecting a lot of businesses is the strong australian dollar. and i think companies need to adjust to a new norm of having a stronger dollar and what does that mean and how can we make ourselves sustainable.

-- not a fancy new title, but you're the under secretary of state for economic growth, energy, and the environment. that changed a year ago? >> yes, we tried to pull these together. increasingly what happens in the economy has an impact on the environment. environmental issues and energy issues are increasingly intertwined. >> always big in davos. and david cameron, it has an impact on the global economy if this were to go forward. the chances of it going forward i think are small. he has to get re-elected in 2015 to propose the up or down vote in 2017. it does put a cloud over the u.k. and e.u. a bit. >> the u.s. view has been not to get involved in u.s. politics. the u.s. view is that -- involved in u.k. politics. the u.s. view that a strong u.k. and e.u. is good for the u.k., for europe and the united states. we'll let the brits sort out their politics internally. that overall view is one we've been thinking. >> this f they were to cede -- if they were to cede, what would that mean? >> i think it's not wise to speculate about what would happen if certain eventualities were

business, and policy leaders. they leave april 8 and will promote clean energy, california products and tourism. >>> felon sentenced today in connection with a shooting and sexual assault at the occupy oakland encampment. he agreed to a plea deal, he pleaded no contest to four felonies. being an accessory to a shooting near the occupy oakland encampment in 2000 and being involved in a sexual assault 5 days later. >>> mayor ed lee was asked about how he felt about oakland's decision to hire william bratton. mayor ed lee said he is surprised he is talking about the police procedures he will suggest for oakland. >> i was surprised that former chief bratton talked about it. but i think she doing the same thing i did. thinking outloud about the things that -- outlet loud about the things that out to be -- out loud about the things that ought to be considered. >> he is working to reduce violence in detroit. >>> most of us are try -- dry right now. our chief meteorologist bill martin is tracking the system and which parts of the bay area will get wet. >> showers falling in the valley today

republic. >> one shining light in ireland's economic gloom is green energy, especially wind, where investment is booming all across the landscape. today's deal is part of that expansion. supporters say it will save money for british consumers as it promises to be cheaper than electric generated from wind in the north sea. but to work, the plan requires hundreds of new turbines to be built all across the flat and boggy irish midland. building wind farms on bogland has already been done successfully here in on the island. but to generate the green electricity needed to power three million u.k. homes is going to require much bigger turbines than the ones you see here. in fact, it will need some of the biggest ever built in the world. campaigners say the giant wind farms will be a blot on the landscape of a country that trades on its unspoiled green image. irish ministers disagree, saying the energy deal is just a first step, and tough planning laws will protect the countryside. >> i think there's a mutual interest here for both countries. and ireland doesn't want a wind farm at every

-policy is defined by food security, energy security, he monetary assistance, the fight against disease and the push for development. as much as it is by any single counterterrorism initiative. new mexico must be. it is defined by leadership -- and it must be. it is defined by leadership. speaking out for the prisoners in north korea or millions of refugees in displaced persons or victims of human trafficking. it is defined by keeping faith with all of our troops who sacrificed to secure afghanistan. america lives up to her values when we give voice to the voiceless. i share with the president the conviction that it is equally imperative that we assert a new role in the world of increasing failed and failing states. burgeoning populations of young people hungry for jobs, opportunity, individual rights, and freedom are rebelling against years of disenfranchisement and humiliation. a fruit vendor in tunisia who ignited the arab awakening want to dignity and respect. he wanted to sell his fruit without corruption and abuse. that is what led him to itself in the late. the youth of tehrir square represen

that with the consent of the senate, i will do everything in my power, summon all my energy and focus to build on her record and on the president's vision. senator mccain, as he mentioned, is a longtime friend. we met here in the senate coming from very different political positions and perspectives, but, you know, we found common ground. i will never forget standing with him in hanoai, in the cell which he spent many years of his life listening to him talk about that experience. i will always be grateful for his partnership in helping to make real peace with vietnam by establishing the most significant process in the history of our country or in any country, for the accounting of missing and dead in any war. and then for working to lift the embargo and ultimately normalize relations with an old enemy. john had every reason to hate, but he didn't and instead we were able to help heal deep wounds and end the war that had divided too many people for much too long. as we talk about war and peace and foreign policy, i want all of us to keep in our minds, as i think we do, the extraordinary men and women

all of my energies to working with my fellow commissioners and the extremely dedicated and talented men and women of the staff of the s.e.c. to fulfill the agency's mission to protect investors, and to ensure the strength, efficiency, and transparency of our capital markets. >> sreenivasan: the president re-nominated richard cordray to lead the consumer financial protection bureau. the former ohio attorney general has held that position for the last year, but his temporary appointment will expire in december. >> we understand that our mission is to stand on the side of consumers: our mothers and fathers, sisters and brothers, sons and daughters and see that they're treated fairly. for more than a year we've been focused on making consumer finance markets work better for the american people. we approach this work with open minds, open ears, and great determination. >> sreenivasan: the president initially used a recess appointment to put cordray in the job, to get around senate republican opposition. senate leaders agreed today on a plan to limit the use of filibusters, at least somew

of this disease, depending on the variation of protein energy malnutrition that we see, can be as high as 30 to 50%. usually the children die from routine infections like diarrhea or pneumonia. in fact, pneumonia is the most common cause of death. children who are severely malnourished appear anorexic. they do not want to eat. they're often very depressed. their heads are low. they stop talking. they stop walking, and they're severely dehydrated and suffering from infectious diseases. perhaps the most extreme case of malnutrition the team witnessed was annis-- a tiny wisp of a girl, two and a half years old. annis is just skin and bones and a head. and i looked at her, and i looked at the weight, and i asked the mother how old she is and the mother told me. and i said, "it's not possible." so i took annis myself back to weigh. i saw the scale, it said 4.2 kilos, took annis off, measured her height, put her back on the scale. i still couldn't believe it. it was amazing to me that annis was still alive. the highest mortality for children so severely malnourished occurs in the first few days. if you

valuation in terms of its pe. energy has traded well. halliburton earnings this morning were fantastic. oil services are going to do very well with crude oil in the 90s. >> final thoughts ennis? >> i just say apple is going to be a process. so i would give yourself a little room. >> all right. good discussion guys. very important topic there. we're waiting to see who when all is said and done is the most valued company in the world right now. it is between those two right now by far. coming up much more on the investors taking a bite out of apple stock. we'll hear from somebody who says shares are too cheap to pass up. he is like steve cortez in that regard. >> indeed he is. we're counting down with 30 minutes to go before the final trades are in for the week. in fact we're moving a little higher from where we last checked the dow. currently up by 56 points and in fact sitting at the best january so far since 1994. >> what were you doing -- well we'll talk about that later. the on air throwdown everyone is ta still talking about. bill ackman versus carl icahn. >> this is not an honest guy.

coming to the table, different perspectives, that energy and enthusiasm around thinking differently, and around paradigm shifts, around developing breakthrough technologies, and to be able to attract those people to this area is crucial. i think that that is something that has been a benefit of being here, that a lot of people are attracted to silicon valley. that is crucial to any company starting in taking their technology to the next level. >> can you talk about the incubator? >> yes. >> the qb3? >> yes, mission bay, everybody knows. uc san francisco has conduct encourage it with research. some of the larger companies that research labs in mission bay as well. bayer and others. they are even innovating about their laboratories, because it is so expensive to build your own laboratory. so they are trying to bring some of these pharmaceutical answers to the market faster. they have an incredible spirit of innovation in those laboratories. and they are inviting other companies, not just from the bay area air even our country, they're inviting international. we had our first canadian

international law and contributed to a break down in the peace process. >>> foreign energy companies will deal with terrorism but a hostage crisis that left dozens of people from different countries dead is raising fears of new attacks on western infrastructure. 37 foreign nationals died in the operation his country carried out against islamic militants. they took hundreds of workers hostage. he stressed government forces moved in on the facility to demonstrate algeria will not give in to terrorism. a spokesperson for the militants told the french weekly paris match that group had achieved 90% of its goals. one of those goals was to take control of a heavily guarded complex with just 40 fighters. there were allegations the militants had some inside help. an algerian newspaper reported that security forces are questioning 11 workers. and algerian government officials have revealed former driver at the facility was among the attackers. he apparently provided the group with detailed information about the plant. the militants have pledged to continue their attacks unless france halts its military

. >>> algerian government officials have reassured foreign energy companies that they'll deal aggressively with terrorism. but a hostage crisis that left dozens of people from different counts dead is raising fears on new infrastructure. algerian prime minister abdel mal eck sellal. the militants attacked a natural gas plant in the desert last week and took hundreds of workers hostage. sellal stressed government forces moved in on the facility to demonstrate algeria will not give in to terrorism. a spokesperson for the militants told the french weekly "paris match" that the group had achieved 90% of its goals. one of those goals was to take control of a heavily guarded complex with just 40 fighters. but there are allegations that militants had some inside help. an algerian newspaper reported that security officials are questioning workers. they reveal a former driver at the facility was among the attackers. he reportedly provide the the group with detailed information about the plant. the militants have pledged to continue theirttks unless france halts its military campaign in mali. now, l

. >> reporter: fumihiro ito spent years developing energy sources. he led a project to develop gas fields in the salaha desert. he came from a town devastated in the tsunami two years ago. now, his 82-year-old mother lives alone in temporary housing. she says she has no mementos to remember her son. he and his former classmates were planning to get together next month to celebrate their 60th birthdays. >> translator: ito said he would join the party but would not stay overnight, because he wanted to visit his mother and stay with her. i want the news to be a mistake. i still think ito will show up at the party. >> reporter: he was looking forward to seeing his old friend. instead, he and the others will take a moment to remember. keiko abe, nhk world, tokyo. >> seven survivors of the attack will fly home on a government plane. the bodies of the seven victims will also be on the plane. >>> survivors from other asian countries have started to return patchari raksawong has details. >> a malaysian man arrived home on wednesday afternoon. he was an employee of the engineering firm, jgc. ravi k

or small chunks of energy that roll across this will kick up the light rain and sometimes it will subside and the next air will come through and bring us some light rain. this is how it plays out. you can see how it increases as we head to 6:00 this evening and it drops off headed later in the evening and reintensifies an midnight and drops off again through tomorrow morning commute and tomorrow is looking more dry. but we will still have scattered showers in the forecast because the winds are coming from the south. by friday afternoon, here comes the next system, and that is the one that will drop our temperatures cooler than today. today is mainly upper 50's to low 60's and outside the not bay you will be in the mid-50's, and upper 50's and low 60's tomorrow and friday, mid-50's to around 60 so you can see we get cooler until this weekend when we are only in the mid-50's with scattered showers that will linger into monday and tuesday it will be dry and a warming trend will begin so we have a couple of systems but not a lot of rain and it is a "spare the air" day possible for the day tod

ended -- at nuclear power for its future and nuclear energy needs. >> the corzine were the original inhabitants of southern africa. for at least 2000 years, the hunted, herded, and gathered on the land and the sea. skeletons in the sand and evidence of what and where they ate. >> maybe they ate the food out of the jars. >> the land was seized by colonialists. under apartheid, their identity was further fracturing the proposal to build a nuclear power station here is unacceptable. >> they take our land. they are ready to take our identity away from us. everything we have got, they take away from us. now what is left for us is only -- >> these artifacts were all collected here. she and her husband, a traditional healer, are trying to preserve a culture they say is not respected. they do not have former first reform of first nation indigenous that as yet. -- they do not have formal first nation indigenous status yet. >> it is not for them to say this community is right, this community is wrong. >> nuclear power now only meets 6% of south africa's needs. by 2030 the government wants it

is heading to one of the numerous parties if they have enough energy, and tomorrow, we will continue the discussion over the role of the central bank's -- banks now and in future among others, such as the head of the european central bank, mario draghi. >> to our parliamentary study is in berlin for our political correspondent. is it not surprising how similar the speeches were, both calling for improvements as far as competitiveness goes? >> it is ironic, isn't it? in the key demands, more efficiency, or competitiveness -- in fact, he is echoing what many northern europeans also feel, notably germany, the netherlands, the scandinavian countries. they all want this kind of reforms -- more efficiency, more competitiveness. the difficulty is that only yesterday, he linked those to an exit threat. that was extremely dangerous for him because his own business community sees that as a threat to investment, the insecurity that that means for the business community in britain, and it also means, of course, that he alienates with all sorts of threats -- he alienates his natural allies in eur

the laws of conservation and matter of energy means something on the committee would balance with equal hyperbole. >> i think you accept the cull. ability for the worst tragedy since 9/11. >> jon: someone is forgetting iraq but done. [cheers and applause] >> jon: welcome back. [cheers and applause] obviously, america is going through a tough time. we're a nation in decline. the american century is over. oh, we had toilet paper stuck to our shoes since 2005 and nobody bothered to tell us. it could even leave some of our young people feeling hopeless. [ laughter ] [cheers and applause] end up dressing in black and writing in a notebook all the time. [ laughter ] what rhymes with henri? this country isn't hopeless especially compared to china. while we're suck funyon dust and going broke it seems like china has it all, a growing economy and so many pandas they have been forced to a two panda policy. from now on in china, this is true, only two pandas per family. the place is just ripe with (bleep) pandas. guess what? the grass isn't always greener. >> in china, hazardous record high pollut

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